corporation meaning

corporation means 'a large company or group of companies that is legally allowed to act as a single entity and is recognized as such in law'.

corporation :

company, firm

noun

▪ The corporation is expanding its business overseas.

▪ The company is growing its business overseas.

▪ Many corporations offer good benefits to their employees.

▪ Many companies offer good benefits to their workers.

paraphrasing

▪ company – corporation

▪ firm – company

▪ enterprise – company

▪ organization – group

Pronunciation

corporation [ˌkɔː.pərˈeɪ.ʃən]

The stress is on the third syllable 'peɪ', sounding like 'kor-puh-RAY-shun'.

Common phrases and grammar about corporation

corporation - Common meaning

noun
company, firm

Part of Speech Changes for "corporation"

▪ corporate (adjective) – related to a corporation

▪ corporately (adverb) – in a corporate manner

▪ incorporated (adjective) – formed as a corporation

▪ corporate governance (noun phrase) – the system of rules and practices by which a corporation is directed and controlled

Common Expressions with "corporation"

▪ large corporation – a big company

▪ multinational corporation – a company with operations in many countries

▪ public corporation – a company owned by the government

▪ private corporation – a company owned by private individuals

Important examples of corporation in TOEIC

Vocabulary examples from the TOEIC test

In TOEIC vocabulary questions, corporation refers to a legal entity that is a company recognized by law.

▪The corporation announced a new policy today.
▪The company known formally as the corporation shared a new rule today.

Example of a confusing word: cooperation (working together)

▪The cooperation announced a new policy today.
▪The act of working together announced a new policy today.
"Corporation" is a noun meaning a legal entity or company recognized by law, and it fits correctly in the context of a company making an announcement. "Cooperation," however, refers to the act of working together and cannot announce anything, as it is not an entity. Using "cooperation" in this sentence is grammatically incorrect and changes the meaning entirely. Therefore, "corporation" is the correct choice.

Grammar examples from the TOEIC test

In TOEIC grammar questions, corporation is used as a singular noun, requiring singular verbs.

▪The corporation is planning to expand next year.
▪The company is planning to expand next year.

corporation

Idioms and fixed expressions in TOEIC

corporate culture

the beliefs and behaviors that determine how a company’s employees and management interact

▪The company's corporate culture emphasizes teamwork and respect.
▪The company's beliefs and behaviors focus on working together and respecting each other.

break up the corporation

to divide the company into smaller parts

▪The government decided to break up the corporation into smaller companies.
▪The government chose to divide the large company into smaller businesses.

Differences between similar words and corporation

corporation

,

company

differences

corporation is a legal entity, while company is a general term for a business organization.

corporation
▪The corporation has many departments across the world.
▪The company has many departments across the world.
company
▪The company has many departments across the world.
▪The business has many departments across the world.

corporation

,

business – corporation

differences

corporation refers to a legally defined company, whereas business refers to the activities of buying and selling.

corporation
▪The corporation started a new project last month.
▪They purchased a new corporation downtown.
business – corporation
▪They bought a new business downtown.
▪They purchased a new corporation downtown.

Words with the same origin as corporation

The origin of corporation

corporation comes from the Latin word "corporatio", which means "a group of people forming a body".

Word structure

It has the root "corp" (body) and the suffix "-oration", so corporation means "a group of people forming a body".

Words with the same origin

The word's root is "corp" (body). Words with the same root include "corpse" (the body of a dead person), "corporate" (related to a corporation), "corporeal" (physical, having a body), and "corpus" (a collection of written texts).

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